Vietnam Morning News For February 15

Plastics export turnover to increase by 15%
Exports of plastics are expected to grow by 12–15 per cent this year, according to the Viet Nam Plastics Association (VPA).
— Viet Nam news

Vietnam: Minimum Wages on the Rise in 2018
In 2018, Vietnam along with several ASEAN countries will see a rise in their minimum wages to support the rising costs of living.
— Vietnam Briefing

FDI attraction, highlights and inadequacies
Foreign Direct Investment (FDI) inflows to Vietnam advanced spectacularly in the last two quarters of 2017, bringing the total amount of FDI pledges for 2017 to a 10-year record high.
— Nhan Dan Online

PM urges promotion of trade and investment with strategic partners
The Prime Minister has signed Decision No. 213/QÐ-TTg, approving the project on “Strengthening bilateral trade and investment cooperation between Vietnam and other important strategic partners.”
— Nhan Dan Online

Iran, a promising market for Vietnamese fruit exports
Whilst Iran already imports Vietnamese products such as peppers and coffee, they will soon be importing bananas, mangoes and ginger.
— Fresh Plaza

Singapore’s Sunseap in pact with InfraCo Asia for solar power plant in Vietnam
Sunseap International, the international arm of Singapore’s leading clean energy provider Sunseap Group, has signed an agreement with InfraCo Asia Development Pte Ltd (InfraCo Asia) to jointly develop a 168 MWp utility-scale solar power project in Vietnam.
— DealStreetAsia

Waking up the “golden” seaport
Vietnam’s maritime industry witnessed a special event in 2017 with the reception of Margrethe Maersk, an ultra large container vessel with a capacity of 18,000 TEU owned by Danish shipping giant Maersk Line.
— Nhan Dan Online

2018 promising for foreign capital inflows
Foreign investors are increasingly pouring money in Vietnam’s firms through capital contribution and share purchase, two simple but effective investment modes.
— The Hanoi Times

Vietnam smart town draws Japan Inc.’s big names
Japan’s government and more than 20 companies are teaming up to construct a smart town in Vietnam by 2023, featuring self-driving buses and a host of energy-saving technology.
— Nikkei Asian Review

Vietnam targets raising at least $42.56m from Hapro IPO on March 30
Vietnam has decided to sell its entire 34.51 per cent stake in Hanoi Trade Corporation (Hapro) in an initial public offering (IPO) scheduled for March 30.
— DealStreetAsia

The 200-year-old conglomerate behind huge investment deals
The huge investments in Thaco, Vinamilk, the Asia Commercial Bank (ACB) and Refrigeration Engineering Enterprise (REE) all have relations with Jardine Matheson.
— VietNamNet Bridge

Vietnam Airlines, Jetstar Pacific add flights for T?t
National carrier Vietnam Airlines and its subsidiary Jetstar Pacific have added seven flights, or 1,300 seats.
— Bizhub

Vietnam – good example of successful nation: Argentinean Ambassador
Argentinean Ambassador Juan Carlos Valle Raleigh has given an interview to Vietnam News Agency (VNA) on the threshold of Vietnam’s Lunar New Year festival (Tet), describing the Southeast Asian country as a good example of a successful nation.
— VietnamPlus

Central, local hospitals fully prepared for Tet
All hospitals at both central and local levels in Hanoi have carefully prepared for emergencies during Tet (Lunar New Year).
— VietnamPlus

Standard Chartered ‘breaching climate policy’ with Vietnam coal plant investment
The London-based bank plans to co-finance Nghi Son 2 power plant, which NGOs say uses dirty old technology, against company and OECD guidelines
— Climate Change News

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